FAS fairstar resources limited

fairstar about to explode, page-37

  1. 3,082 Posts.
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    ASX007, Do you have any idea what is involved and how long it takes and how much it costs to convert an IRONORE discovery into production? Obviously not.Well years and hundreds of millions of dollars.That is why there are hundreds of ASX listed companies with loads of IO but they are not producing for all sorts of different reasons. I don't know what you paid but you brought into an explorer not a producer,stop blaming the company, they are in survival mode like many others and at least they have not sold 1 share of their GWR holding which indicates they are desperate but no that desperate. Get a backer for ship,get into highly profitable production, takeover GWR and will all be farting through silk.
 
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